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what is the sprint 18 month flex lease

by Dr. Elenor Erdman Jr. Published 3 years ago Updated 2 years ago
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Sprint Flex Lease Explained With the Sprint Flex Lease you’re leasing your device from Sprint for 18 months. After the lease is up you will NOT own your phone unless you pay a buyout fee after the lease is up.

When you sign up for Sprint Flex lease, you'll make a fixed monthly payment for your device over an 18-month period, but you're not paying off your phone or tablet in order to own it. Instead, you're merely leasing the device from Sprint, and the carrier will still technically 'own' the gadget you're using.May 24, 2022

Full Answer

How does the sprint FLEX program work?

Sprint Flex is an 18-month lease program, and after 18 months you can: 1 extend your current lease 2 get a new lease with a new phone 3 choose a buyout option and own the device

Is it possible to lease a phone from sprint?

Right now Sprint is the only carrier that offers a lease option, and they aptly call it Sprint Flex. Sprint Flex is an 18-month lease program, and after 18 months you can: If you choose to upgrade and start a new lease, you have to return your phone to Sprint in GOOD condition.

What is the difference between Sprint flex lease and sprint own?

Sprint owns the phone you're leasing, but Flex lease gives you choices. You get a phone today and at the end of your term decide if you want to return it and upgrade to a new one, or own it by buying it in one payment or six monthly payments.

Which carriers offer a lease option?

Right now Sprint is the only carrier that offers a lease option, and they aptly call it Sprint Flex. Sprint Flex is an 18-month lease program, and after 18 months you can:

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How long is the contract term for a Sprint Flex lease?

Customers can get an Android device for as little as $10 a month for 18 months when factoring in promotions and discounts.

Does T Mobile pay off Sprint lease?

We'll pay it off. Get a new phone and we'll pay off your current phone and service contracts – up to $650 per line or $350 in early termination fees, via virtual prepaid card and trade-in credit.

How much does it cost to cancel Sprint lease?

The early termination fee is prorated, which means that as more time passes, you will pay less to terminate the fee. The way Sprint figures out the fee is that it charges $20 per month for each month that's left on your contract with a maximum fee of $350 and a minimum of $100 per device.

Do I own my phone after lease?

Leasing company owns the phone On the other hand, when you purchase a smartphone, it's yours. That means that you can decide what to do with it, including whether to keep it or sell it to someone else. You don't have that option with leasing, unless you decide to buy the phone later.

How do I get out of a Sprint Flex lease?

Canceling your Sprint Flex lease If you decide to cancel your lease before the 18 month lease term is up, Sprint will require you to pay the remaining lease payments—as well as the Purchase Option Price. After this, you are free to leave and take your device with you.

Can I switch from Sprint to T-Mobile for free?

There will be no connection loss or service unavailability. But, if you intend to change your plan to T-Mobile, first, you need to pay any debt you have with the previous Sprint plan. Once that is paid, you can choose the T-Mobile plan you wish to use.

Is Flex lease legit?

This is a scam site Their phone number is fully automated, you cannot speak with anyone. I applied for a car that was $265/mo but when they emailed me in a couple of days with an approval, the price they said was exact 2x of the advertised price. After writing to their email support, no response.

What happens if you don't return a leased phone to Sprint?

Sprint Lease If you do not return the leased device or an authorized replacement or the returned device is not in good condition, you must pay all remaining accelerated payments, if applicable, and the purchase option price.

What is a good reason for Cancelling a Sprint?

4 Valid Reasons the PO Might Cancel A Sprint: A better technical solution is found that makes the current Sprint's activity throw-away work. A major technology change occurs. Market forces render the work obsolete. Fundamental and urgent external changes invalidate the Sprint Goal or the Product Goal.

What happens when you pay off phone lease?

When you pay off your device: You continue paying your monthly costs for your talk, text and data plan, but you no longer have a device payment charge on your monthly bill. Any monthly promotional credits you're getting will stop. The paid-off device is eligible to be upgraded to a new device.

Is it better to lease or own an iPhone?

If you can be content using the same phone for two years or longer, your better off just buying your phones outright. Overtime, lease payments could add up to far more than you would pay for the phone upfront assuming you don't trade your phone in every year or two.

Is leasing a phone good for credit?

Financing or leasing through a wireless carrier will not help you build credit since they don't usually report activity to the three major credit reporting bureaus (Experian®, Equifax® and TransUnion®).

Does T-Mobile have to honor Sprint plans?

There's some good news for Sprint holdouts, as it appears T-Mobile will not require plan changes for legacy Sprint customers moving to the T-Mobile network and billing system.

Does Sprint have a buyout program?

Whether you have a remaining device payment or a contract to buy out, Sprint will give you up to $650 per line to help you make the switch.

What happens after your Sprint lease is up?

You'll need to pay any remaining lease charges and then decide if you want to return the phone to Sprint or buy it. Paying for the phone(s) or returning them to Sprint will complete your commitment and end any future charges.

What happens if I switch from Sprint to T-Mobile?

Your Sprint account remains the same, with the same price, plan and billing experience, but now you'll access the T-Mobile network as your primary network. With the T-Mobile Network Experience: Your device will show the T-Mobile network and you'll get the full T-Mobile Network experience.

How long does Flex lease last?

That's basically it. 18 months is the lease standard for all.

How much data does Sprint give for tethering?

Tethering: Customers who purchase Sprint's Unlimited Freedom Plan will get 10 GB/month for tethering purposes. Customers without the Unlimited Freedom Plan can purchase network data for $15/1GB.

How long is a lease?

That's basically it. 18 months is the lease standard for all. Keep reading and find out if this is for you.

Does Sprint have an iPhone lease?

Sprint then decided to throw in a special 18-month lease option reserved only for high-end devices. These were called iPhone for Life or Galaxy Forever agreements. Essentially, the same rules in a shorter amounts of time applied. However, these special plans came with options to upgrade to a newer model (this is where the iPhone FOR LIFE and Galaxy FOREVER names come in) after 12 consecutive payments (read: good standing with Sprint).

Where is Sprint located?

Sprint is considered one of the "big four" carriers in the United States. Sprint's many retail locations are scattered throughout the country, and the company is headquartered in Overland Park, KS.

Is the 24 month installment option still available?

The old 24-month installment option is technically gone. However, after 18-months, if you see yourself actually sticking with the device for the long haul and it isn’t yet paid off, you can sign up with Flex (if you have not already) and make 6 additional payments or pay off the balance.

Sooo why was sprint taxes and fees so much compared to Verizon and others.?

I noticed my Verizon taxes and fees add up to about $10 between my watch and phone which is way less then sprint was charging which was around $20. What gives ? Sprint added fees so much more ?

Anybody have sprint in 2004?

I was on sprint back then and I had a military rugged phone and my favorite feature at the time because I was 19 was I could listen to a voicemail live and decide to answer if I wanted. Wish I had the feature now.

Mint condition iPhone XR sent back w return kit PROMO REMOVED

I just received a text that my nearly mint iPhone XR which was mailed back via the return kit was not given the full trade in value of $415, but rather $75. Needless to say, I'm not happy. We had taken the phone to a sprint store where it was checked and all was good with the phone.

So I Talked To a Tech Support Rep About This CDMA Shutdown..

This is for those who got a letter in the mail about their phone's service being shut down next year. I asked the guy, "Will my LG G8x 4G LTE still work past next year?"

Please contact sprint to unlock your device, HELP

I've called Sprint four times to unlock my phone and they have unlocked according to their system but everytime I try putting in an Xfinity SIM it says Please contact sprint to unlock your device and INVALID SIM. Worked fine with sprint and work fined after moving it to T-mobile. The phone is a S10 Plus. Any suggestions?

Why Should I Lease My Phone?

Leasing isn’t for everyone, but there are a few people who could benefit from it:

Why do we recommend monthly installments?

We recommend monthly installments if you are money-conscious, and want to save as much as you can. Because consumers are keeping their phones longer than the length of installment plans, you’ll save hundreds over time. Plus there’s no interest, and you own your phone at the end without any extra fees.

What is Sprint Flex?

Sprint Flex is an 18-month lease program, and after 18 months you can: extend your current lease. get a new lease with a new phone. choose a buyout option and own the device.

What happens if you leave a carrier?

If you leave your carrier before your installments are paid off, you’ll get a bill for the rest of the payments

How long do you keep a cell phone?

In 2009 we were keeping our smartphones for over four years, and in 2018 we kept cell phones for about 2.6 years (or 31 months).

Which phone companies offer installment plans?

Of the major carriers, AT&T, T-Mobile and Verizon offer installment plans. Smaller carriers, also known as MVNOs, offer installment plans too but they work with third-party companies who will charge you interest over the course of your installments, so it’s more like a loan. If you don’t want to pay more than the price of the phone, you should buy your phone through a major carrier as they don’t charge interest.

Is leasing a cell phone a bad idea?

Leasing Cell Phones. Leasing a cell phone is similar to leasing a car, or renting a home—you pay for it monthly, but you won’t own it unless you pay more for it at the end of lease . In that regard, leasing can leave a bad taste in some people’s mouth. However, over the course of an 18-month lease, you’ll still be paying less money ...

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1.Flex Lease Support | Sprint Support

Url:https://www.sprint.com/en/support/sprint-flex-lease.html

31 hours ago Web · First, you need to select the smartphone for the Sprint Flex lease. You'll have 3 different purchasing options on the Flex. Option 1: 18-month leasing option; Option 2: …

2.What is the Sprint Flex Lease program? | WhistleOut

Url:https://www.whistleout.com/CellPhones/Faqs/115012866388-What-is-the-Sprint-Flex-Lease-program-

25 hours ago WebWhen you sign up for Sprint Flex lease, you’ll make a fixed monthly payment for your device over an 18-month period, but you’re not paying off your phone or tablet in order to own it. …

3.Videos of What Is the Sprint 18 Month Flex Lease

Url:/videos/search?q=what+is+the+sprint+18+month+flex+lease&qpvt=what+is+the+sprint+18+month+flex+lease&FORM=VDRE

18 hours ago Web · Sprint Flex Lease After 18 Months Explained 6,036 views Dec 28, 2019 172 Dislike Share Save Honda Nguyen 7.12K subscribers Subscribe Today, I will explain to you …

4.Sprint Flex Lease After 18 Months Explained - YouTube

Url:https://www.youtube.com/watch?v=3dZXij0fx6o

33 hours ago WebSprint Flex Lease is the only "contract" you have with Sprint. Your service is not contracted so you can cancel it anytime/transfer your number out whenever you want. If you have not …

5.Sprint 18 mo flex lease? : Sprint - Reddit

Url:https://www.reddit.com/r/Sprint/comments/bf4ded/sprint_18_mo_flex_lease/

7 hours ago WebThe Sprint Flex lease is where you pay for the phone 18 months and then you can choose to upgrade or choose to own phone and pay 6 more moths of the same plan. Answered by …

6.What is the sprint flex 18-month lease? – Q&A – Best Buy

Url:https://www.bestbuy.com/site/questions/apple-iphone-8-plus-64gb-gold-sprint/6009768/question/b330a617-6ec2-3506-83bc-b55dbcdbd7ce

17 hours ago WebHave questions about your Sprint Flex/Lease? See: Sprint Flex/Lease. Have questions about your Monthly Installments? See: FAQs about monthly installments. Have questions on …

7.18 Month Flex Lease : Sprint - reddit.com

Url:https://www.reddit.com/r/Sprint/comments/hvzzhw/18_month_flex_lease/

17 hours ago Web · Sprint Flex is an 18-month lease program, and after 18 months you can: extend your current lease get a new lease with a new phone choose a buyout option and …

8.Monthly Installments Plans or Leasing? There is a Right …

Url:https://www.letstalk.com/cellphones/guides/monthly-installment-plans-vs-leasing/

13 hours ago WebThe Flex lease program is fundamentally an 18-month lease — not installment purchase plan — on a smartphone. Customers have the option to upgrade to a new phone after 12 …

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